SR-NASD-1998-015

Amendment to Rule 2860(b) Concerning Position and Exercise Limits for FLEX Equity Options

NASDR has filed with the SEC a proposed rule change to amend Rule 2860(b) of the National Association of Securities Dealers, Inc. to establish that NASD member firms and their customers shall have the same position and exercise limits for FLEX Equity Options as the firms that are members of the exchange on which such FLEX Equity Options trade.